The annual salary statistics of credit counselors in Boston-Cambridge-Quincy, Massachusetts is shown in Table 1. The wage information of credit counselors in Boston-Cambridge-Quincy is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $39,820 |
| 25th Percentile Wage | $44,600 |
| 50th Percentile Wage | $52,780 |
| 75th Percentile Wage | $68,660 |
| 90th Percentile Wage | $79,330 |
Table 1 shows the average annual salary for credit counselors in Boston-Cambridge-Quincy, Massachusetts in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $79,330. The median (50th percentile) annual salary is $52,780. The average annual salary for the bottom 10 percent earners is $39,820.
The table and chart below show the trend of the median salary of credit counselors from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $52,780 | 4.15% | 12.52% |
| 2016 | $50,590 | -2.51% | - |
| 2015 | $51,860 | 6.65% | - |
| 2014 | $48,410 | -3.82% | - |
| 2013 | $50,260 | 8.14% | - |
| 2012 | $46,170 | - | - |
From Table 3 we note that the median annual salary of $52,780 in Boston-Cambridge-Quincy is in the middle of salary range for credit counselors in state of Massachusetts. In comparison, the annual salary of credit counselors in Boston-Cambridge-Quincy is 15.7 percent (15.7%) lower than that in the highest paying Boston-Cambridge-Quincy and 25.5 percent (25.5%) higher than that in the lowest paying Framingham.
| Cities/Areas | Median Annual Salary |
|---|---|
| Boston-Cambridge-Quincy | |
| Springfield | |
| Worcester | |
| Boston-Cambridge-Quincy | |
| Brockton-Bridgewater-Easton | |
| Barnstable Town | |
| Leominster-Fitchburg-Gardner | |
| Framingham |